A couple of Texas cities has been listed by Yahoo as the biggest gainers in housing prices. Here are some samples;
Best Zip: 75074
Location: Plano, Tex.
Metro: Dallas-Fort Worth-Arlington
Annual listing price change: +12%
Average listing price: $172,104
Days on the market: 128 days
The Dallas suburb of Plano is one of the country’s wealthiest. Plano is home to J.C. Penney, Perot Systems, Frito-Lay and other corporate headquarters.
Best Zip: 78228
Location: San Antonio (West Side/St. Mary’s University area)
Metro: San Antonio
Annual listing price change: +9%
Average listing price: $116,652
Days on the market: 134 days
San Antonio, the second largest city in Texas, is best known as the site of the battle of the Alamo. The city also has a Six Flags Fiesta Texas amusement park and SeaWorld San Antonio. St. Mary’s University in San Antonio is the oldest and largest Catholic University in the state.
Best Zip: 77019
Location: Houston (River Oaks neighborhood)
Metro: Houston-Sugarland-Baytown, Tex.
Annual listing price change: +14%
Average listing price: $1.1 million
Days on the market: 177 days
Houston’s River Oaks community, one of the wealthiest in the nation, has seen an increase in the average listing price for a home largely because the mix of properties for sale has shifted to the higher end as those properties are taking longer to sell. Houston’s economy has been one of the nation’s strongest, but with the decline of oil prices and consumer spending, the once-strong housing market is also slowing.